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Askari Bank KASE:AKBL Stock Report

Last Price

PK₨29.27

Market Cap

PK₨42.6b

7D

0.4%

1Y

37.7%

Updated

21 Nov, 2024

Data

Company Financials +

Askari Bank Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Askari Bank
Historical stock prices
Current Share PricePK₨29.27
52 Week HighPK₨31.40
52 Week LowPK₨19.50
Beta0.79
11 Month Change-0.24%
3 Month Change14.29%
1 Year Change37.68%
33 Year Change46.35%
5 Year Change86.48%
Change since IPO996.23%

Recent News & Updates

Recent updates

Shareholder Returns

AKBLPK BanksPK Market
7D0.4%2.0%2.1%
1Y37.7%52.4%43.4%

Return vs Industry: AKBL underperformed the PK Banks industry which returned 52.4% over the past year.

Return vs Market: AKBL underperformed the PK Market which returned 43.4% over the past year.

Price Volatility

Is AKBL's price volatile compared to industry and market?
AKBL volatility
AKBL Average Weekly Movement3.9%
Banks Industry Average Movement4.5%
Market Average Movement5.8%
10% most volatile stocks in PK Market9.6%
10% least volatile stocks in PK Market3.8%

Stable Share Price: AKBL has not had significant price volatility in the past 3 months compared to the PK market.

Volatility Over Time: AKBL's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19917,595Saleem Anwarwww.askaribank.com

Askari Bank Limited provides various banking products and services in Pakistan and the Middle East. It also offers current, saving, askari asaan, and askari Sahar accounts, and term deposits; corporate banking services, such as working capital and discounting facilities, term loan, letters of guarantee and credit, export financing, cash management, and employee banking solutions; commercial, investment, and international banking; mobile internet, SMS, and WhatsApp banking services. The company provides consumer baking, including auto financing of new and used vehicles; personal finance; mortgage finance; credit and debit card; and call center; automated teller machine.

Askari Bank Limited Fundamentals Summary

How do Askari Bank's earnings and revenue compare to its market cap?
AKBL fundamental statistics
Market capPK₨42.64b
Earnings (TTM)PK₨21.00b
Revenue (TTM)PK₨75.35b

2.0x

P/E Ratio

0.4x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
AKBL income statement (TTM)
RevenuePK₨75.35b
Cost of RevenuePK₨1.65b
Gross ProfitPK₨73.70b
Other ExpensesPK₨52.70b
EarningsPK₨21.00b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)14.49
Gross Margin97.81%
Net Profit Margin27.87%
Debt/Equity Ratio599.7%

How did AKBL perform over the long term?

See historical performance and comparison

Dividends

8.5%

Current Dividend Yield

17%

Payout Ratio